Using a 529 Plan To Pay Student Loans: What You Need To Know
You can use up to $10,000 of a 529 plan for student loan repayment for the plan’s beneficiary without a tax penalty.
Written by
Freelance writer
Sarah Sharkey has over seven years in personal finance and is an expert on mortgages, student loans, and money management. Her work has been featured by Business Insider, USA Today, and Newsweek.
Written by
Kelly Larsen is a student loans editor at Credible. She has spent over 10 years covering personal finance, with expertise in mortgage and debt management.
Updated October 22, 2024
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